ICON vs Stellar: which is halal?
Side-by-side Shariah screening of ICON (ICX) and Stellar (XLM) under the same 27-point methodology. ICON is rated MASHBOOH while Stellar is rated HALAL.
Is ICON (ICX) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is ICON halal? ICON is classified as doubtful (mashbooh) with a Shariah compliance score of 69.9/100 based…
Full ICON report →
Is Stellar (XLM) Halal or Haram? Complete Shariah Compliance Analysis 2026 Is Stellar halal? Yes, Stellar is considered halal for Muslim traders and investors with a Shariah…
Full Stellar report →■ ICX ■ XLM — higher is better. Scores from the 27-point Shariah screening methodology.
■ ICX ■ XLM
ICON is classified as doubtful (mashbooh) with a Shariah compliance score of 69.9/100 based on our scholar-approved methodology. The staking mechanism requires careful evaluation from an Islamic perspective. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.
“You must follow the stance of your own trusted scholar or shaykh in matters where legitimate scholarly differences exist.”
— Shaykh Dr. Sajid Umar, Personal blog/guidance piece
Yes, Stellar is considered halal for Muslim traders and investors with a Shariah compliance score of 87.3/100 based on our scholar-approved methodology. Muslims should also carefully evaluate any DeFi protocols built on this platform to avoid interest-based applications.
“A cryptocurrency is permissible as long as it doesn't breach Islamic prohibitions on interest, contractual uncertainty, and gambling.”
— Islamic Economic Forum